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Frontline Ltd (OSTO:FROo)
Days Payable
19.21 (As of Dec. 2015)

Frontline Ltd's payable for the three months ended in Dec. 2015 was Kr83 Mil. Frontline Ltd's cost of goods sold for the three months ended in Dec. 2015 was Kr392 Mil. Hence, Frontline Ltd's days payable for the three months ended in Dec. 2015 was 19.21.

OSTO:FROO' s Days Payable Range Over the Past 10 Years
Min: 2.5   Max: 31.35
Current: 15.95

2.5
31.35

During the past 13 years, Frontline Ltd's highest Days Payable was 31.35. The lowest was 2.50. And the median was 9.96.

OSTO:FROO's Days Payable is ranked lower than
81% of the 544 Companies
in the Global Shipping & Ports industry.

( Industry Median: 35.29 vs. OSTO:FROO: 15.95 )

Frontline Ltd's days payable increased from Dec. 2014 (0.00) to Dec. 2015 (19.21). It may suggest that Frontline Ltd delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Frontline Ltd's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=82.6086956522/1890.86956522*365
=15.95

Frontline Ltd's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=82.6086956522/392.330434783*365 / 4
=19.21

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Frontline Ltd Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 10.339.679.6231.3510.243.804.3911.732.5015.95

Frontline Ltd Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 0.000.000.000.000.000.000.0018.500.0019.21
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